NEW YORK ( TheStreet) -- I was talking with Jim Cramer today about the Citi note that claims an end to the commodity "supercycle" begun in early 2003. Ed Morse, the head commodity guru for Citi, now sees a fundamental pressure on the commodity sector and a multi-year bear market in the works.I sat down with Jim and tried to debunk this idea for several reasons. First and foremost, there is still a financial balloon that continues to float higher prices of commodities, even though there is a temporary slowdown of growth, both here in the U.S. and in emerging markets.
Dicker: Is the Commodity Supercycle Over?
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.